Michael Rapino has signed a five-year contract extension to remain the chief executive of Live Nation. According to Hollywood Reporter, Rapino’s salary will remain unchanged at $3m per year. However, the annual target cash bonus, based on certain metrics, has leapt from $6m to $17m per year. From 2023, he will also be eligible for …
Live Nation acquires Tero’s concerts and entertainment division
Entertainment company Live Nation has acquired the concerts and entertainment division of Thailand-based Tero. The acquisition showcases Live Nation’s intentions of expanding within Thailand, and also builds upon the joint venture between Live Nation and Tero C&E – Live Nation Tero – which launched in 2015. The company promotes international concerts and festivals by Western …
Live Nation signs booking deal with Harrisburg Midtown Arts Center
Live Nation has signed a multi-year deal to become the exclusive booking partner for the 1,200-capacity Harrisburg Midtown Arts Center. Live Nation has also unveiled the first shows that will be a part of the ongoing live performance series at the venue, including Beres Hammond on August 23, Lacuna Coil on September 8, Apocalyptica on …
Rage Against the Machine to donate ticket sales to reproductive rights organisations
Rock band Rage Against the Machine have said they will donate almost half a million dollars from ticket sales to reproductive rights organisations, after the US Supreme Court overturned the right to have an abortion. Almost 30 states in the US are more than likely set to introduce new abortion restrictions or bans, as a …
Sydney WorldPride partners with Moshtix
Live Nation-owned Moshtix has partnered with Sydney WorldPride and Sydney Gay and Lesbian Mardi Gras. The deal means that Moshtix will be the official ticketing provider for the first ever WorldPride to take place in the southern hemisphere. Sydney WorldPride will incorporate Sydney Gay and Lesbian Mardi Gras events alongside a festival offering a programme …
Live Nation sees record demand for Concert Week campaign
Live Nation sold a record 2.2m tickets during its annual Concert Week as demand outstripped pre-pandemic levels. Held between May 4-10, the campaign offered fans access to $25 all-in tickets to more than 4,000 shows across North America this year. Sales were higher than the last pre-pandemic year of 2019. The ticket offer included performances …
Live Nation invests in plant-based options for its venues and festivals
Live entertainment company Live Nation has invested in Everything Legendary, a Black-owned and operated business offering plant-based meat options. As part of the deal, Live Nation venues and festivals across the US, including all House of Blues restaurants, will feature plant-based burgers from Everything Legendary. The company was launched in 2021 and over the last …
People on the move: Live Nation, Coventry City and more…
We round up the latest movements from the ticketing sector and associated industries… Entertainment company Live Nation has named four new hires for its dedicated Latin touring team. Daryivett Romo (pictured right) has joined Live Nation as director of Latin tour marketing, while Katrina Rodriguez (pictured middle right) has become the manager of Latin tour marketing. Stephanie …
Live Nation subsidiaries received $19m in funding intended for indie venues
Live Nation subsidiaries received around $19m (£15.2m/€17.8m) in ‘Save our Stages’ funding from the Small Business Administration (SBA) in the US, despite the funds being intended for small venues. In a report published by the Washington Post, it was revealed that Live Nation had urged Democrats and Republicans in Congress to let them be eligible …
Live Nation introduces paid internships
Live Nation’s Concerts team has introduced a paid internship scheme with the aim of boosting equitable opportunities and building a more diverse team. There is a demand to work in live music, as shown by the 15,000 applications for 50 openings received for the college internship program. The entertainment giant revealed that a mixture of …